Spruce Grove, Alberta T7X0Z4
3 beds 3 baths 1,753 sqft
Welcome to this bright and inviting two-storey home in the desirable community of Tonewood! Featuring 3 bedrooms and 2.5 bathrooms, this home offers a functional layout with plenty of natural light throughout. The kitchen is equipped with stainless steel appliances, while the spacious primary bedroom offers a private ensuite and walk-in closet. Enjoy year-round comfort with central air conditioning and take advantage of the large deck and fully fenced yard, perfect for relaxing or entertaining. Complete with a double attached garage, this home is ideally located close to parks, grocery shopping and schools, this home offers comfortable living with easy access to everyday amenities. (id:39198)
Home price
$525,000
I want to start the program with
an initial down payment of
Minimum 2% of the home price or $5,000 whichever is higher
The higher the initial deposit, the lower the monthly payments
$4,972/month
The payment includes
Rent
$4,117
Rent is rent and it won't be deducted from the buyback price.
Monthly Savings
$855
Each month, $855 is set aside toward your homeownership goal in addition to your initial down payment. This mandatory monthly savings help you achieve your savings goal.
Here is the final price if I buy the house after:
Buyback Price
$607,753
Cumulative Down Payment
$35,775
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$30,775
Buyback Price
$551,250
Cumulative Down Payment
$15,258
• Initial Deposit
$5,000
• Monthly Savings x 12 months
$10,258
Buyback Price
$578,813
Cumulative Down Payment
$25,517
• Initial Deposit
$5,000
• Monthly Savings x 24 months
$20,517
Buyback Price
$607,753
Cumulative Down Payment
$35,775
• Initial Deposit
$5,000
• Monthly Savings x 36 months
$30,775
There is no minimum rental terms. You can buy back the home anytime throughout the 3-year standard rent-to-own term!
Rent-to-Own This Home for
This home is listed on realtor.ca. Requity Homes doesn‘t own it—yet. But if it fits your budget and meets our criteria, we can buy it for you through our rent-to-own program.
You move in with as little as 2% down. Part of your monthly payment builds your future down payment. You can buy back the home anytime throughout the 3-year standard rent-to-own term!
No Hidden Fees, No Hidden Costs - Requity pays legal fees, title insurance and land transfer tax when Requity buys the home upfront. Client pays for inspection.
Client initial deposit is applied directly to the down payment when clients are ready to buy the home.
Few ways to reduce your monthly payments
• Look at homes with a lower price
• Put down a higher initial down payment
• Sublet the rooms for extra income
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Speak to our team about your eligibility, monthly payments, and
next steps toward homeownership.